LANSING, MI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)INSURANCE ALLIANCE OF MICHIGAN, founded in 2003, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum.
TO CREATE A GREATER PUBLIC AWARENESS OF THE BUSINESS OF INSURANCE AND THE BENEFITS TO THE MICHIGAN ECONOMY OF A PRIVATE ENTREPRENEURIAL INSURANCE AND RISK MANAGEMENT INDUSTRY THROUGH - PUBLIC EDUCATIONAL AND PUBLIC RELATIONS PROGRAMS; SAFETY AND LOSS PREVENTION ACTIVITIES; STRONG PRESS AND MEDIA COMMUNICATIONS; ASSISTANCE TO CONSUMER PROGRAMS; LEGISLATIVE AND LOBBYING EFFORTS; JUDICIAL AND LEGAL OVERVIEW; AND SUCH OTHER ACTIVITIES THAT WILL PROMOTE AN IMPROVED UNDERSTANDING OF THE PURPOSE AND PRINCIPLES OF INSURANCE AND ASSIST THE PUBLIC IN ADDRESSING THEIR BUSINESS AND PERSONAL INSURANCE NEEDS.
REPRESENTATION OF MEMBERSHIP REGARDING LEGISLATIVE AND REGULATORY MATTERS IN MICHIGAN. ORGNIZATION ALSO HELPS THE PUBLIC GET A BETTER UNDERSTANDING OF INSURANCE PRINCIPLES THROUGH PUBLIC RELATIONS...
REPRESENTATION OF MEMBERSHIP REGARDING LEGISLATIVE AND REGULATORY MATTERS IN MICHIGAN. ORGNIZATION ALSO HELPS THE PUBLIC GET A BETTER UNDERSTANDING OF INSURANCE PRINCIPLES THROUGH PUBLIC RELATIONS AND PUBLIC EDUCATION PROGRAMS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,846,017 | $1,386,806 | +0.3% |
| Expenses | $1,864,977 | $1,452,602 | +0.3% |
| Net Income | $-18,960 | $-65,796 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ERIN MCDONOUGH | EXECUTIVE DI | 40.00 |
Officer
|
$225,205 | $18,134 | $243,339 |
| JESS ALANIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROB ANDERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AUSTIN BAILEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MEGAN BROWN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANE CHAPMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM CLEMENT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS CLEVELAND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SPENCER COOK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GEOFF DOWNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HEATHER DRAKE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY DRUMM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REBECCA DWORAKOWSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRAVIS EMMONS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE EVERETT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK FIATO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIN FOWLE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANASTASIA GALE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE HAAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM HALLAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN HARDWICK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACEY GENTRY HARNEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER CHARLES JACKSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN KARLEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW LAING | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL LARSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN LEONARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ZACK MARTIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY MASS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LANCE MAYBERRY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ART MILLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEE MULLENBACH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC MUSSER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY OTT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICK PETCOFF | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KENDRA PRENZLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL PUERNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SOPHIA QUACKENBUSH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE REYNOLDS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHEENA ROSSIGNOL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON RUDIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CRAIG RYAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK SCHLOEMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REMI STONE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE TERMINI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA VEENSTRA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS WANK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA KUHN WHEELER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BETH WRIGHT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,846,017 | $1,864,977 | $661,428 | $-18,960 |
| 2023 | $1,386,806 | $1,452,602 | $737,144 | $-65,796 |
| 2022 | $2,187,753 | $2,282,865 | $700,168 | $-95,112 |
| 2021 | $1,674,081 | $1,700,613 | $919,636 | $-26,532 |
| 2020 | $1,171,685 | $1,117,692 | $798,018 | $53,993 |
| 2019 | $1,175,522 | $1,011,647 | $779,781 | $163,875 |
| 2018 | $1,149,509 | $1,243,754 | $573,028 | $-94,245 |
| 2018 | $1,149,509 | $1,243,754 | $573,028 | $-94,245 |
Compare INSURANCE ALLIANCE OF MICHIGAN with other nonprofits in Michigan and across the country.